O Shaughnessy Asset Management LLC Has $776,000 Stock Position in Dorman Products, Inc. (NASDAQ:DORM)

O Shaughnessy Asset Management LLC increased its holdings in Dorman Products, Inc. (NASDAQ:DORM - Free Report) by 224.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,989 shares of the auto parts company's stock after acquiring an additional 4,145 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in Dorman Products were worth $776,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. FMR LLC increased its stake in Dorman Products by 63.5% in the 3rd quarter. FMR LLC now owns 3,322 shares of the auto parts company's stock valued at $376,000 after buying an additional 1,290 shares during the period. Walleye Capital LLC acquired a new position in shares of Dorman Products during the third quarter worth about $350,000. Captrust Financial Advisors purchased a new position in Dorman Products during the third quarter worth about $206,000. Verition Fund Management LLC acquired a new stake in Dorman Products in the third quarter valued at about $237,000. Finally, HighTower Advisors LLC boosted its holdings in Dorman Products by 431.9% in the 3rd quarter. HighTower Advisors LLC now owns 13,850 shares of the auto parts company's stock valued at $1,563,000 after purchasing an additional 11,246 shares in the last quarter. Hedge funds and other institutional investors own 84.70% of the company's stock.

Insider Transactions at Dorman Products

In other Dorman Products news, SVP Donna M. Long sold 742 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $130.38, for a total value of $96,741.96. Following the completion of the transaction, the senior vice president now owns 19,894 shares in the company, valued at $2,593,779.72. This represents a 3.60 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven L. Berman sold 2,775 shares of the stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $131.22, for a total value of $364,135.50. Following the transaction, the director now directly owns 823,147 shares in the company, valued at approximately $108,013,349.34. This represents a 0.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 29,940 shares of company stock valued at $3,937,219 in the last ninety days. Corporate insiders own 10.00% of the company's stock.

Remove Ads

Wall Street Analyst Weigh In

Separately, StockNews.com cut Dorman Products from a "strong-buy" rating to a "buy" rating in a report on Friday, March 14th.

Dorman Products Price Performance

DORM stock traded down $0.94 during trading on Monday, reaching $110.92. 14,694 shares of the company were exchanged, compared to its average volume of 222,222. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.16 and a current ratio of 2.34. The stock's 50 day moving average price is $124.34 and its 200 day moving average price is $126.86. Dorman Products, Inc. has a 52-week low of $86.61 and a 52-week high of $146.60. The company has a market cap of $3.39 billion, a P/E ratio of 18.51 and a beta of 0.87.

Dorman Products (NASDAQ:DORM - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The auto parts company reported $2.20 earnings per share for the quarter, topping analysts' consensus estimates of $1.99 by $0.21. The business had revenue of $533.77 million for the quarter, compared to analysts' expectations of $523.95 million. Dorman Products had a return on equity of 16.95% and a net margin of 9.43%. As a group, analysts predict that Dorman Products, Inc. will post 6.9 earnings per share for the current fiscal year.

Dorman Products Profile

Dorman Products, Inc supplies replacement and upgrade parts for passenger cars, light trucks, medium- and heavy-duty trucks, utility terrain vehicles, and all-terrain vehicles in the motor vehicle aftermarket industry in the United States and internationally. It offers engine products, including intake and exhaust manifolds, fans, thermostat housings, and throttle bodies; undercar products comprising fluid lines, fluid reservoirs, connectors, 4-wheel drive components and axles, drain plugs, other engine, and transmission and axle components; steering and suspension products consist of control arms, ball joints, tie-rod ends, brake hardware and hydraulics, wheel and axle hardware, suspension arms, knuckles, links, bushings, and leaf springs, as well as other suspension, steering, and brake components; body products, such as door handles and hinges, window lift motors, window regulators, switches and handles, wiper components, lighting, electrical, and other interior and exterior vehicle body components, including windshields for UTVs; electronics products comprise new and remanufactured modules, clusters and sensors; and hardware products, such as threaded bolts and auto body fasteners, automotive and home electrical wiring components, and other hardware assortments and merchandise.